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Rapport Therapeutics (NASDAQ:RAPP) Shares Gap Down - What's Next?

Rapport Therapeutics logo with Medical background

Rapport Therapeutics (NASDAQ:RAPP - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $14.81, but opened at $14.06. Rapport Therapeutics shares last traded at $13.88, with a volume of 7,822 shares.

Rapport Therapeutics Stock Performance

The stock's 50-day simple moving average is $20.66.

Institutional Investors Weigh In On Rapport Therapeutics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RAPP. Values First Advisors Inc. acquired a new position in shares of Rapport Therapeutics in the 3rd quarter valued at $31,000. BNP Paribas Financial Markets purchased a new stake in shares of Rapport Therapeutics in the third quarter valued at about $34,000. The Manufacturers Life Insurance Company boosted its stake in shares of Rapport Therapeutics by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 77,344 shares of the company's stock worth $1,584,000 after buying an additional 1,828 shares during the period. Barclays PLC grew its holdings in shares of Rapport Therapeutics by 36.8% during the third quarter. Barclays PLC now owns 12,863 shares of the company's stock worth $264,000 after buying an additional 3,463 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in Rapport Therapeutics in the 3rd quarter valued at about $83,000.

Rapport Therapeutics Company Profile

(Get Free Report)

Rapport Therapeutics Inc is a clinical-stage biotechnology company. It focused on discovery and development of transformational small molecule medicines for patients suffering from central nervous system disorders. Rapport Therapeutics Inc is based in BOSTON.

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